Thursday 28 August 2014
 
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historic

Kingdom inks $200m hotel stake sale deal

Kingdom Holding Company (KHC), the investment firm chaired by Saudi billionaire Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, said it has completed the sale of its key stake in the historic Fairmont San Francisco Hotel for about $200 millio

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Bahrain celebrates historic UK ties

Bahrain's historic UK ties were underlined yesterday as His Majesty King Hamad attended celebrations to mark Queen Elizabeth's diamond jubilee. He was accompanied by wife, Her Royal Highness Princess Sabeeka bint Ibrahim Al Khalifa

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Historic Facebook debut falls flat

The historic initial public offering of Facebook did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.

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UK isolated as EU secures historic treaty deal

Europe has secured a historic agreement to draft a new treaty for deeper economic integration in the euro zone, but Britain, the region's third largest economy, refused to join the other 26 countries in a fiscal union and was isolated.

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Etihad delivers historic Berlin manuscripts

UAE national carrier Etihad Airways has successfully carried more than 100 historic manuscripts from Berlin’s State Library (Staatsbibliothek zu Berlin) to the National Library of Australia (NLA) in Canberra. The treasures, which span 1,00

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McAslan to restore Doha historic buildings

Qatar’s Msheireb Properties has appointed John McAslan + Partners (JMP) to oversee the restoration and preservation of four historical buildings in the Msheireb Downtown development in Doha. The restoration and preservation of these proper

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Dow chief celebrates historic Kuwait partnership

The Dow Chemical Company recently commemorated its historic partnership with Petrochemical Industries Company (PIC) of Kuwait at the inauguration of the Greater Equate facility. The facility is an expansion of Dow and PIC’s successful 15-y

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Bahrain to sign key UN rights convention

Bahrain has agreed to consider signing the Convention on the Protection of Persons from Enforced Disappearances after a series of recommendations by the UN Human Rights Council. The council recommendations came after Bahrain's Universal Pe

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Gold, platinum hit record high

Gold and platinum hit historic highs for a third straight day on Tuesday and silver rallied to its highest in 27 years. Gold's rally sent jitters through the physical market, with jewellers complaining that high prices were turning away co

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